Major Bank Ratings | Evercore ISI: Lowers Nike target price to $46, rating downgraded to "In Line with the Market"
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Golden Globe June 23｜Evercore ISI has lowered Nike's target price from $57 to $46, and its rating from "Outperform" to "Perform in line with the market". This downgrade reflects continuously deteriorating channel research data, a lack of innovation in new products, and the increasing risk that consensus market expectations may need to be revised downward ahead of the fall analyst day.
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